The Lithuanian government is seeking to appoint technical, financial and legal advisers to assist in the development and implementation of Lithuanian airports concession project. Therefore, a public consultation regarding the advisory services for the concessions project has been announced, reported BC chief project manager for PPP Irmantas Butkauskas.

Estonian state-owned port operator AS Tallinna Sadam (Port of Tallinn) had in the first half of the year an unaudited turnover of 53 million euros and net profit of 20.8 million euros, LETA/Public Broadcasting reports.

Lithuanian engineering company UAB Kelprojektas that launched its business in Estonia with big ambitions in 2013 has won a succession of public procurements in the past two years but has serious problems fulfilling its obligations, LETA/Äripäev.ee reports.

Austrian Airlines signed a new cooperation agreement with Estonia's national carrier Estonian Air, according to which two Estonian Air aircraft will service Austrian Airlines flights, mainly flying to Eastern Europe, LETA/Postimees Online reports.

Baiba Rubesa will be appointed chairwoman of the board at the joint-stock company RB Rail, a joint venture of the Baltic countries set up for implementation of the Rail Baltica railroad project, reports LETA.

The national airline airBaltic is currently in talks with two prospective investors – aviation companies, the possibility to involve all three Baltic countries in airBaltic is also under consideration, Transport Minister Anrijs Matiss (Unity) told LNT television this morning, reports LETA.

Political actions needed to reduce unemploymentNew Labour Market and Wage Developments Report (2014) published recently has shown that over 23,5 million people in the EU are out of job. According to the report, during five last years there was almost continuous decline in employment...